Equity Compensation Plans - The Company has issued 27,955,313 RSUs under the RSU Plan, representing approximately 2.1% of the Company's then issued and outstanding share capital [497]. - As of December 31, 2024, 30,000,000 Common Shares are reserved for issuance under the RSU Plan, which is approximately 2.3% of the Company's issued and outstanding Common Shares [496]. - The PSU Plan reserves 10,000,000 Common Shares for issuance, representing approximately 0.8% of the Company's issued and outstanding share capital as of December 31, 2024 [513]. - The Company had issued 6,255,357 PSUs under the PSU Plan, representing approximately 0.5% of the Company's then issued and outstanding share capital [509]. - PSUs redeemable to acquire 1,900,400 Common Shares remain available for grant under the PSU Plan, representing approximately 0.1% of the Company's then issued and outstanding share capital [509]. - The maximum number of Common Shares that may be issuable under All Company Plans is capped at 5.3% of the total number of issued and outstanding Common Shares on a non-diluted basis [498]. - The RSU Plan allows for cash settlement of RSUs issued on or after the effective date of amendments approved by the Board in February 2025 [493]. - The Compensation Committee will credit additional RSUs to Designated Participants based on dividends, calculated using the volume weighted average trading price of Common Shares [498]. - In the event of a change of control, unvested RSUs will immediately vest for Designated Participants whose employment ceases for reasons other than resignation without good reason or termination for cause [505]. - The RSU Plan and PSU Plan amendments approved by the Board in 2023 did not require shareholder approval, reflecting the Company's responsiveness to regulatory changes [506]. Stock Option Plan - As of December 31, 2024, there were 47,742,187 Options issued and outstanding under the Stock Option Plan, representing approximately 3.6% of the Company's issued and outstanding share capital [528]. - The maximum number of Common Shares issuable pursuant to the Stock Option Plan is equal to 5.3% of the total number of issued and outstanding Common Shares on a non-diluted basis at any time [533]. - The maximum number of Common Shares issued to insiders within any one-year period pursuant to the Stock Option Plan will not exceed 5.3% of the total number of issued and outstanding Common Shares [533]. - The vesting period for Options granted to the CEO on or after May 8, 2018 shall occur in equal increments over five years [533]. - In the event of a change of control, unvested Options will immediately vest if the acquiring party does not assume the obligations under the Stock Option Plan [539]. - The exercise price for each Option is fixed at the time of grant and cannot be less than the closing market price on the last trading day prior to the grant date [539]. - The Stock Option Plan is a "rolling" plan, allowing for the return of unexercised or terminated Options for future grants [533]. - The Board may amend the terms of the Option Plans without the consent of the optionees, provided such amendments do not adversely alter any previously granted Options [541]. - Options granted prior to April 28, 2021, may be exercisable for a maximum term of ten years, while those granted on or after that date are exercisable for five years [539]. Sabina Replacement Options - The company completed the Sabina Arrangement on April 19, 2023, acquiring all issued and outstanding common shares of Sabina Gold & Silver Corp., resulting in the transfer of 8,643,750 Sabina Options for 3,342,413 Sabina Replacement Options [560]. - As of December 31, 2024, there are 2,462,700 Sabina Replacement Options outstanding, representing approximately 0.2% of the company's issued and outstanding share capital [560]. - The company does not intend to grant any further stock options, restricted share units, or deferred share units under the Sabina Plan [560]. - One-third of the Sabina Replacement Options will vest on the original grant date and on the first and second anniversaries, while those granted after May 3, 2019, will vest in quarters over the same period [570]. - Sabina Replacement Options granted prior to May 25, 2022, have a ten-year exercise period, while those granted on or after that date have a five-year exercise period [571]. - In the event of a change of control, holders of Sabina Replacement Options may exercise their options regardless of the original grant terms [576]. - Any unvested Sabina Replacement Options will continue to vest in accordance with the vesting provisions upon a change of control [579]. Operational and Financial Outlook - The company anticipates first gold production from the Goose Project in Q2 2025 [588]. - The company aims to achieve sustainability milestones and greenhouse gas targets at its Fekola and Otjikoto Mines and the Masbate Gold Project [588]. - The company is subject to risks including metal price volatility and changes in tax laws, which could impact financial performance [589]. - The company plans to maintain compliance with environmental regulations and manage climate change impacts [589]. - B2Gold's operations face risks related to compliance with foreign laws in countries such as Mali, Namibia, the Philippines, and Colombia [590]. - The company emphasizes the importance of maintaining adequate internal controls over financial reporting as required by law, including Section 404 of the Sarbanes-Oxley Act [590]. - Key risks include fluctuations in energy prices, availability of necessary equipment, and competition with other mining companies [590]. - Management's expectations regarding future events and operating performance are subject to various social, economic, and political conditions [593]. - The ability to obtain timely financing on reasonable terms is crucial for meeting current and future obligations [591]. - The company faces challenges related to attracting and retaining skilled personnel, which is critical for operations [590]. - Community support for operations is essential, with risks related to strikes and conflicts with small-scale miners [590]. Forward-Looking Statements - Forward-looking statements are based on management's reasonable assumptions regarding operational viability, including development and exploration activities [591]. - There is no assurance that forward-looking statements will prove accurate, and actual results may differ materially from those anticipated [594]. - The company does not assume any obligation to update forward-looking statements unless required by applicable law [594].

Core Viewpoint - B2Gold Corp (BTG) is expected to report first-quarter 2025 earnings on May 7, with a consensus estimate of 8 cents, reflecting a 33.3% growth from the previous year [1] Earnings Performance - B2Gold has a mixed earnings surprise history, with one beat and three misses in the last four quarters, averaging a negative surprise of 37.1% [3] - The reported earnings for the last four quarters were 0.01, 0.02, 0.06, and 0.06, with the estimates being 0.06, 0.05, 0.08, and 0.05 respectively [3] Earnings Prediction Model - The Zacks model does not predict a conclusive earnings beat for BTG this time, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [4][6] Factors Influencing Q1 Performance - Gold prices averaged $2,883.40 per ounce in Q1 2025, a 39% increase from the previous year, driven by geopolitical tensions, a depreciating U.S. dollar, and central bank purchases [8] - B2Gold experienced a production loss in 2024 due to an excavator incident at the Fekola mine but expects to recover lost production in 2025 [9] Cost Pressures - The company is facing cost inflation across all sites, impacting input prices such as reagents, fuel, and consumables, which may affect first-quarter margins [10] Share Price Performance - B2Gold shares have increased by 21.8% over the past year, compared to the industry's growth of 41% [11]

Group 1 - B2Gold closed at $3.11, with a daily gain of +0.32%, outperforming the S&P 500's gain of 0.15% [1] - Over the previous month, B2Gold shares increased by 6.9%, while the Basic Materials sector and S&P 500 experienced losses of 1.29% and 0.21%, respectively [1] Group 2 - B2Gold is set to release its earnings report on May 7, 2025, with analysts expecting earnings of $0.08 per share, indicating a year-over-year growth of 33.33% [2] - For the full year, analysts project earnings of $0.45 per share and revenue of $2.92 billion, reflecting increases of +181.25% and +53.68% from the previous year [3] Group 3 - Recent changes to analyst estimates for B2Gold indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate revisions, currently ranks B2Gold as 2 (Buy), with a consensus EPS estimate increase of 22.64% in the past month [6] Group 4 - B2Gold has a Forward P/E ratio of 6.83, significantly lower than the industry average of 13.86, suggesting it is trading at a discount [7] - The Mining - Gold industry, to which B2Gold belongs, holds a Zacks Industry Rank of 45, placing it in the top 19% of over 250 industries [7][8]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

 Vancouver, British Columbia – TheNewswire - April 17, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the “Company”) is pleased to announce the appointment of Tom Garagan to its Board of Directors.  Mr. Garagan is a geologist with a Bachelor of Science (Honours) degree in geology from the University of Ottawa and over 40 years of experience working in North and South America, East and West Africa and Russia.  He is a founder of B2Gold Corp. (NYSE:BTG, TSX:BTO) and recently retired after serving as Senior Vice Pre ...

Core Viewpoint - B2Gold Corp. is set to release its first quarter 2025 financial results on May 7, 2025, followed by a conference call on May 8, 2025, to discuss these results [1]. Company Overview - B2Gold is an international senior gold producer based in Vancouver, Canada, established in 2007. The company operates gold mines in Mali, Namibia, and the Philippines, and is developing the Goose Project in northern Canada, along with various exploration projects in countries such as Mali, Colombia, and Finland [3]. Conference Call Details - Participants can register for the conference call to discuss the financial results, which will take place on May 8, 2025, at 8:00 am PT / 11:00 am ET. Registration will remain open until the end of the call [2]. - The conference call will be available for playback for two weeks, with specific toll-free numbers provided for U.S. and Canadian callers, as well as for international callers [2][5]. Contact Information - For further inquiries, B2Gold has provided contact details for its VP of Investor Relations and Corporate Development, as well as the Director of Corporate Communications [4].

Group 1 - The recent surge in gold prices has attracted investor interest in gold mining companies, which typically exhibit operational leverage that can enhance profitability as gold prices rise [1] - Investors are focusing on value-oriented opportunities within sectors such as chemicals, homebuilders, building materials, industrials, and metals & mining, seeking stocks that are undervalued and have near-term catalysts [1] Group 2 - The investment horizon for these opportunities ranges from one quarter to two years, indicating a medium-term investment strategy [1] - The article emphasizes the importance of fundamental research in identifying potential investment opportunities within the gold mining sector [1]

Company Performance - B2Gold (BTG) closed at $2.92, reflecting a +0.69% change from the previous session, outperforming the S&P 500's gain of 0.67% [1] - Over the past month, B2Gold shares have increased by 8.61%, significantly surpassing the Basic Materials sector's gain of 0.34% and the S&P 500's loss of 5.28% [1] Earnings Forecast - B2Gold is expected to report an EPS of $0.08, indicating a 33.33% increase from the same quarter last year [2] - For the entire fiscal year, projected earnings are $0.37 per share and revenue is forecasted at $2.71 billion, representing increases of +131.25% and +42.6% respectively from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for B2Gold are crucial, as positive revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Consensus EPS estimate has decreased by 2.33% over the past month, and B2Gold currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - B2Gold is trading at a Forward P/E ratio of 7.89, which is below the industry average Forward P/E of 14.5 [5] - The company has a PEG ratio of 0.24, compared to the Mining - Gold industry's average PEG ratio of 0.98 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 135, placing it in the bottom 46% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - B2Gold Corp. has received approval from the Toronto Stock Exchange to implement a normal course issuer bid (NCIB) to repurchase its shares, reflecting the company's belief that its shares may be undervalued in the market [1][2]. Summary by Sections Company Decision and Strategy - The decision to approve the NCIB aligns with B2Gold's amended shareholder return strategy and indicates the company's view that its shares may not adequately reflect the value of its business, assets, and prospects [2]. Share Repurchase Details - As of March 20, 2025, B2Gold had 1,319,616,807 shares outstanding and is authorized to repurchase up to 65,980,840 shares, which is 5% of the total shares, over a twelve-month period starting April 3, 2025, and ending no later than April 2, 2026 [3]. Purchase Mechanism - All share purchases will occur on the open market through the TSX, NYSE American, and other designated exchanges, at prevailing market prices or as permitted by applicable securities laws [4]. Discretion and Cancellation - The company retains discretion regarding the timing, amount, and price of share purchases under the NCIB, and any shares repurchased will be cancelled [5]. Daily Purchase Limitations - Daily purchases on the TSX are limited to a maximum of 846,788 shares, which is 25% of the average daily trading volume of 3,387,154 shares for the six months ending March 31, 2025 [6]. Company Overview - B2Gold is an international senior gold producer based in Vancouver, Canada, with operating mines in Mali, Namibia, and the Philippines, and various development and exploration projects in multiple countries [7].

Core Viewpoint - B2Gold Corp. has released a technical report for the Back River Gold District, highlighting an updated life of mine plan for the Goose Project, with significant improvements in mineral resource estimates and production forecasts [1][3][4]. Group 1: Technical Report Highlights - The Back River Gold District consists of 11 mineral claims along an 80-kilometer belt, with construction at the Goose Project on schedule for first gold pour in Q2 2025 and ramp-up to commercial production expected in Q3 2025 [2][18]. - The updated Indicated Mineral Resource estimate is 3,560,000 ounces of gold at a grade of 7.16 g/t, a 16% improvement from the previous report [5]. - The Inferred Mineral Resource estimate is 2,440,000 ounces of gold at a grade of 7.54 g/t, a 14% improvement from the prior report [5]. - The Mineral Reserve Life of Mine is projected at approximately 2.3 million ounces of gold, with an average annual production of about 300,000 ounces for the first six years [5][6]. Group 2: Cost and Production Estimates - The average gold grade processed over the Mineral Reserve Life of Mine is 6.82 g/t, a 14% improvement compared to the prior report, with an average recovery rate of 92.5% [6][8]. - Projected All-In Sustaining Costs (AISC) are approximately $1,547 per ounce over the Mineral Reserve Life of Mine, expected to decrease with further resource delineation [6][8]. - The company anticipates a weighted average AISC of approximately $1,360 per ounce from 2027 to 2031, reflecting long-term operational potential [6]. Group 3: Exploration and Optimization Plans - A budget of $32 million is allocated for exploration in 2025, with $21 million dedicated to the Goose Project and $11 million for regional exploration, including the George Project [6][25]. - B2Gold is evaluating multiple optimization studies to enhance the long-term value of the Goose Project, including potential increases in mill throughput from 4,000 tpd to 6,000 tpd [6][24][26]. - The company plans to conduct 12,000 meters of drilling at the Goose Project to target extensions of high-grade resources and explore new regional targets [27]. Group 4: Community Engagement and Development - B2Gold emphasizes collaboration with the Kitikmeot Inuit Association to ensure project development aligns with local priorities and provides long-term socio-economic benefits [17][23]. - The company is committed to maintaining strong community relations and addressing concerns throughout the development of the Back River Gold District [17][23].